EV Suppliers

Star Group Ind. (SGI) is a South Korean magnet manufacturer renowned for high-performance rare earth magnets. With extensive know-how and patents, SGI produces advanced Nd–Fe–B (Neodymium) magnets for electric vehicle motors and other demanding applications. The company is expanding globally – partnering with POSCO to establish magnet production in the US – to supply magnets using non-Chinese rare earth sources. Founded in 1994, SGI has become South Korea’s leading rare earth magnet producer. Their commitment to innovation (e.g. proprietary split-magnet designs to reduce eddy currents) and quality makes SGI a reliable partner for automotive OEMs seeking top-tier magnet solutions.

Shin‑Etsu Chemical is one of the world’s largest chemical companies and a pioneer in rare-earth magnet technology. Founded in 1926, Shin‑Etsu’s Magnetic Materials Division produces high-performance Neodymium magnets (NEOMAX®) and other magnets that serve critical applications in electric vehicles, electronics, and industrial equipment. As a global leader, Shin‑Etsu provides a secure supply of magnets, leveraging its comprehensive materials expertise to develop rare-earth-free and heavy rare-earth reduced magnets. With manufacturing in Japan and Vietnam and over 26,000 employees worldwide, Shin‑Etsu offers unmatched quality (ISO 9001/IATF certified) and R&D innovation in magnetics. Buyers benefit from Shin‑Etsu’s reliable production capacity, advanced material science, and decades-long track record of delivering top-tier magnet solutions for automotive and high-tech industries.

TDK Corporation (est. 1935) was the world’s first company to commercialize ferrite magnet material. Today, TDK is a global powerhouse in magnetic components, producing a broad portfolio from high-performance Neodymium magnets and ferrite magnets to inductors, sensors, and electronic components. TDK’s magnets (including heavy rare-earth-free grades) are used extensively in EV motors, wind turbines, and high-tech devices, contributing to higher efficiency and miniaturization. With over 100,000 employees worldwide and manufacturing in Asia, Europe, and the Americas, TDK offers mass production capacity and rigorous quality management (ISO 9001 / IATF 16949) for automotive-grade products. Buyers benefit from TDK’s innovation (from ferrite cores to next-gen NdFeB) and reliability as a one-stop source for advanced magnetics and electronics.

Dura Magnetics is a veteran magnet manufacturer founded in 1961. They specialize in engineer-to-order magnet solutions, designing and manufacturing custom magnets and magnetic assemblies for diverse industries. Dura works closely with customers, offering in-house design, proprietary magnetic simulation, and full development services to take projects from concept through production. With expertise in all major magnet materials (Neodymium, SmCo, Alnico, Ferrite) and AS9100D-certified quality for aerospace, Dura delivers mission-critical magnetics with reliability and innovation. Buyers choose Dura Magnetics for its decades of experience, collaborative engineering support, and ability to supply magnets from prototype to volume production.

Electron Energy Corporation (EEC) is an expert developer and leading American producer of rare earth magnets and assemblies. Founded in 1970, EEC pioneered samarium-cobalt magnet technology for high-performance aerospace and defense applications. The company operates two facilities in Pennsylvania totaling 84,800 sq. ft., where it produces SmCo and NdFeB magnets, custom magnetic assemblies, and transformer components. EEC’s vertically integrated capabilities include in-house alloy development, casting/sintering, precision CNC machining, and rigorous testing to meet the most demanding specifications. Its magnets power mission-critical systems like fighter jet actuators, guided missiles (e.g. Patriot), UAVs, and naval reactors. With a staff of about 130 and ITAR-compliant processes, EEC serves as a virtual “in-house” magnet technology partner to major military, aerospace, medical, and oil exploration customers. The company’s long history of innovation and quality ensures reliable magnet solutions for extreme environments and exacting standards.